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8.6

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Oracle Essbase - Financial Analysis Software

Oracle Essbase Reviews in May 2025: User Ratings, Pros & Cons

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4.3

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Oracle Essbase Reviews & Ratings

4.3

Very Good

Based on 326 ratings & 226 reviews

Rating Distribution

Excellent

(121)

Very Good

(90)

Good

(12)

Poor

(3)

Terible

(0)

Expert's Review

Essbase, a multidimensional database tool, has garnered positive feedback over the last 12 months for its powerful analytical engine and user-friendly interface. Users appreciate the ease of slicing and dicing data for financial planning and forecasting purposes, emphasizing its ability to provide valuable insights into business operations. The customization ...Read more

Oracle Essbase pros and cons

  • Allows for rapid aggregation of data and easy integration with Excel, enhancing reporting capabilities.

  • Provides powerful calculation engine and flexibility in managing hierarchies, ensuring efficient financial analysis.

  • Offers intuitive interface and dynamic data access, simplifying ad hoc analysis for users.

  • Scalable and easy to integrate with other tools, enhancing data analysis and reporting efficiency.

  • Steep learning curve with various languages and functions to master, posing challenges for new users.

  • Limited ability to customize and handle exception situations, impacting data manipulation and management.

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Showing 121-130 out of 226

AI

Administrator in Oil & Energy

06/11/18

5 out of 5

Powerful engine, used at the right levels

What do you like best? very usable and easy to understand for users. I've used SAP and it's inredibly difficult to navigate What do you dislike? the best performance is when you limit the dimensionality and members but this can be good to focus the reporting group to a proper level (vs too detailed) What problems are you solving with the product? What benefits have you realized? we are running PL analytics for product and customer. We also push allocations

MH

Michael H

06/11/18

4.5 out of 5

A Newbie's View

What do you like best? I like the speed and ease of use of Essbase. What do you dislike? Automation of certain Essbase functions can be a challenge. What problems are you solving with the product? What benefits have you realized? Essbase is the core of our accounting analytics. Essbase is the one source of truth for our company's financials.

AI

Administrator in Real Estate

06/11/18

4.5 out of 5

Great experience with Essbase

What do you like best? I like how easy it is to slice and dice data in Excel. What do you dislike? Text data cannot be loaded into Essbase. What problems are you solving with the product? What benefits have you realized? Retrieving and analyzing financial data.

ES

Executive Sponsor in Hospital & Health Care

06/11/18

4 out of 5

long term essbase experience

What do you like best? ease of use, ability to spin off multiple cubes for a variety of reporting needs What do you dislike? ease of building complex calculations in mdx What problems are you solving with the product? What benefits have you realized? consolidated financial reporting, quick analytics

ES

Executive Sponsor in Information Technology and Services

06/11/18

4 out of 5

Essbase Madness

What do you like best? The simplicity and easy to use of the tool What do you dislike? That is not able to scale (active/passive dependant, no dataguard,e tc) What problems are you solving with the product? What benefits have you realized? The ability to make fast agregactions

AI

Administrator in Higher Education

06/11/18

4 out of 5

Essbase for non-financial professionals

What do you like best? Essbase has a very user-friendly interface, and is full-featured. As an IT professional, it provides endless ways to optmize performance of your cubes and is a strong back-end to financial applications. What do you dislike? As with any IT application, Essbase can be tuned or mis-tuned, so understanding the idiosyncracies of the application is essential to it running smoothly. What problems are you solving with the product? What benefits have you realized? ...

Read more

AI

Administrator in Biotechnology

06/11/18

4 out of 5

Aggregation of data - Summarized views + Drill-down

What do you like best? Data organized in dimensions allows for top-level views but also capacity to drill down What do you dislike? Identifying source of performance issues What problems are you solving with the product? What benefits have you realized? Management reporting - calculation and aggregation of data

AI

Administrator in Insurance

06/11/18

4 out of 5

Essbase Administrator

What do you like best? The flexibility and functionality of business rule calculation speed directly in Essbase. What do you dislike? The metadata refresh process. Having to clear data due to size of planning application What problems are you solving with the product? What benefits have you realized? Storage space is causing performance issues in our Planning application. Creating Essbase only applications to improve performance.

UI

User in Marketing and Advertising

06/11/18

4 out of 5

good experience

What do you like best? i loke this app for financial reporting purposes What do you dislike? nothig, i really like all the new development What problems are you solving with the product? What benefits have you realized? alternate hierarchies are a great tool to overcome data issues

UI

User in Oil & Energy

06/11/18

3.5 out of 5

Essbase user review

What do you like best? Essbase is fairly easy to use and understand once you use it for a little while. What do you dislike? Because essbase is fairly easy to use and customize it can lead to people creating custom scripts and data fields that are not utilized across the organization What problems are you solving with the product? What benefits have you realized? Essbase helped create reporting tools that were needed within the business.

Disclaimer: This research has been collated from a variety of authoritative sources. We welcome your feedback at [email protected].